Cargotec Corporation

Cargotec Corporation is a Finnish company that specializes in the manufacturing of cargo-handling machinery for ships, ports, terminals, and local distribution. The company is headquartered in Helsinki, Finland, and operates globally. Cargotec's key business areas are structured around three main brands, each focused on different aspects of cargo handling:



  1. Kalmar: This segment provides container handling equipment such as straddle carriers, terminal tractors, and automated guided vehicles, among other solutions. Kalmar is known for its innovations in port automation and energy-efficient machinery, helping to improve operational efficiency and sustainability in port operations.



  2. Hiab: Hiab focuses on load handling equipment, including loader cranes, forestry cranes, demountables, and truck-mounted forklifts. This brand serves a diverse range of industries such as construction, waste management, and recycling, offering solutions aimed at enhancing productivity and safety.



  3. MacGregor: This segment is dedicated to marine cargo and offshore load handling systems and services. MacGregor's product portfolio includes cranes, hatch covers, RoRo (roll-on/roll-off) equipment, and offshore mooring systems. These solutions cater to the maritime industry, aiming to improve the efficiency and safety of cargo operations at sea.




Key Facts and Figures:



  • Founded: 2005, but with roots tracing back to the 19th century through its predecessor companies.

  • Stock Listing: Cargotec's shares are listed on the Nasdaq Helsinki stock exchange.

  • Global Reach: The company operates in more than 100 countries, with a significant presence in Europe, Asia, and the Americas.

  • Employees: Cargotec employs thousands of people worldwide, contributing to its diverse and international workforce.


Strategic Focus:


Cargotec aims to drive innovation in the cargo handling industry with a strong focus on automation, sustainability, and digitalization. This encompasses investing in new technologies that enhance operational efficiency, reduce environmental impacts, and offer advanced solutions to meet the evolving needs of their customers.


Financial Performance:


Cargotec regularly reports its financial performance, with a focus on sustainable growth and profitability. The company's financials reflect its commitment to innovation and market leadership, supported by robust revenue streams from its diverse portfolio of products and services.


Sustainability and Innovation:


Cargotec places a significant emphasis on sustainability, aiming to reduce the environmental footprint of its operations and the life-cycle impact of its products. The company invests in innovative solutions that promote cleaner, safer, and more efficient cargo handling.


Overall, Cargotec Corporation is a major player in the cargo and load handling industry, known for its comprehensive and innovative solutions that address the diverse needs of its global customer base.


Products

MacGregor cranes, hatch covers, RoRo and cargo lashing equipment, bulk handling and offshore cranes, winches, Kalmar port cranes and other container handling solutions

Helsinki Finland

Sörnäisten rantatie 23
Helsinki 00500
Finland

Maritime News

ABS Chairman and CEO Discusses ABS Wavesight Advantage

ABS Chairman and CEO Discusses ABS Wavesight Advantage

2 days ago
The impact of software on the performance of vessels and fleets was described by ABS Chairman and Chief Executive Christopher J. Wiernicki at a launch event in Greece for ABS Wavesight Advantage, a new intelligent platform.“In an industry where every ton and every ton-mile counts, ABS Wavesight Advantage puts the Power of One in your corner. What does that mean in practice? One percent of fuel savings through software-driven performance efficiencies delivers payback five times faster than retrofits. Reducing emissions by just one metric ton of CO₂ equivalent per voyage can save more than €200 in carbon penalties.
Cadeler Welcomes First A-Class Offshore Wind Jack-Up Vessel to its Fleet

Cadeler Welcomes First A-Class Offshore Wind Jack-Up Vessel to its Fleet

2 days ago
Danish offshore wind installation firm Cadeler has taken delivery of its first A-class wind turbine installation vessel (WTIV), Wind Ally, designed to transport up to six sets of XXL monopile foundations per round trip.Wind Ally has become the ninth vessel on the water in Cadeler’s growing fleet of next-generation WTIVs. After the scheduled mobilization, the vessel will headdirectly into operations installing foundations at Ørsted’s Hornsea 3 offshore wind farm in the North Sea.For the first time, Cadeler will take on the entire transport and installation (T&I) scope for offshore monopile foundations
Humanoid Robots in the Shipyard? ABS, Persona AI Ink MOU

Humanoid Robots in the Shipyard? ABS, Persona AI Ink MOU

3 days ago
ABS and Persona AI inked an MOU to develop inspection technologies for Persona AI’s humanoid robot platform deployment in shipyards. Humanoid robots are suited to operate in shipyards designed for human workers, offering flexibility and mobility in complex, confined, or ergonomically challenging spaces.Persona AI’s humanoid robots, based in part on NASA’s robotic hand technology, will be outfitted to conduct  a range of shipyard tasks.Under the MOU, ABS and Persona AI will collaborate on a series of joint development projects, collecting data to support classification during ship construction.
Bureau Veritas Greenlights Ammonia-Powered LR2 Tanker with PEM Fuel Cells

Bureau Veritas Greenlights Ammonia-Powered LR2 Tanker with PEM Fuel Cells

3 days ago
MISC Berhad (MISC) and Samsung Heavy Industries (SHI) have received the Approval in Principle (AiP) from Bureau Veritas Marine & Offshore (BV) for the design of the world’s first ammonia-fueled LR2 tanker powered by Proton Exchange Membrane Fuel Cell (PEMFC) technology.The AiP from BV confirms the technical feasibility of the concept as well as initial conformity to the applicable rules, industry codes, and standards.The AiP was awarded as part of a strategic joint development project involving MISC, SHI, and BV.
Sallaum Lines Launches its First Dual-Fuel LNG PCTC

Sallaum Lines Launches its First Dual-Fuel LNG PCTC

4 days ago
Sallaum Lines has launched its first LNG dual-fuel pure car and truck carrier (PCTC) newbuilding, the Ocean Breeze, with a landmark ceremony in the port of Antwerp.The Ocean Breeze has capacity for 7,500 CEU and is powered by dual-fuel LNG engines. The vessel delivers substantial reductions in CO2, NOx, and particulate emissions compared to conventional tonnage.An optimized hull design and energy-saving devices further increase efficiency, according Sallaum.To accommodate its growing fleet, Sallaum Terminal Antwerp recently completed a $23.5 million (€20 million) expansion.